Azzollini Says 73% of Pennsylvania Corporations Pay Zero Tax, Deepening Budget Deficit
Updated
Updated · The Pike County Courier · Jul 23
Azzollini Says 73% of Pennsylvania Corporations Pay Zero Tax, Deepening Budget Deficit
1 articles · Updated · The Pike County Courier · Jul 23
Summary
Dominique Azzollini argued Pennsylvania’s budget gap stems from weak revenue, not overspending, saying state per-capita spending is near the national average.
Seventy-three percent of corporations operating in Pennsylvania pay no Corporate Net Income Tax, he wrote, blaming an unclosed loophole and backing combined reporting to level competition for in-state businesses.
Adult-use marijuana legalization was another missed revenue source, Azzollini said, noting neighboring New York and New Jersey already collect cannabis sales while Pennsylvania residents spend across state lines.
He also accused Representative Olsommer of misstating the Educational Improvement Tax Credit and said HB2632 would have expanded scholarship aid to cover full tuition for underprivileged students, but was left out of the budget.